CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 29.Jul.2021, Words: 161) — TotalEnergies, through its affiliate Total Venezuela, has decided to transfer its non-operated minority participation of 30.32% in Petrocedeño S.A. to Corporation Venezonala de Petróleos (CVP), an affiliate of Petróleos de Venezuela (PDVSA).
Equinor having also decided to transfer in parallel its participation of 9.67% in the company, PDVSA will own 100% of Petrocedeño, accoridng to TotalEnergies.
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